Yes, Mr. Blue, I have a thought or two. Your blo...er, rant is chock filled with horrendous buzz words like Crash! Doom! Gloom! and frankly, has been ever since you started it. You post incredibly cherry-picked and grossly outdated stats, charts, and house sales with only one agenda in mind: To show that YOU are smart ( that isn't working for you, by the way.) and that the real estate market in Laguna Beach/Orange County/California/USA is in the toilet.

Yours is a typical rant of doom & gloom bubble-bloggers who have postulated their negative agendas for the past couple of years - while your sun shined, so to speak. The problem with that, is this. Things and times are a changin, my friend. At SOME point, momentum shifts and the direction of any particular market changes. Your incessant rant doesn't seem to be taking that basic law of economics into account, and so you bleat on, and on, and on, while the world around has shifted.

It might be good for you to step away from your computer, and the bombardment of doom & gloom propaganda from your fellow bubble-blog heroes, and actually go out and start looking to buy a house. There ARE some amazing opportunities out there right now, and the rising median in Orange County, strengthened by the incredibly HOT market in the lower price ranges, are starting to trickle up to the higher ranges.

The actual BOTTOM for real estate prices in Orange County, California already happened back in March through May of this year, before the median started to nudge upward - along with interest rates. There is no need for urgency, but you just might start to make some adjustments in your tune - to keep up with the times.

You might check out MY blog, linked below, for a more accurate assessment of LOCAL real estate. Good luck to you, Mr. Blue.

George, I don't have time to flip - I'm curious as to which homes you bought and resold.

Blue,
You are a genius in your own mind!
Everyone is aware of the market conditions!
I am making money buying and flipping homes every month!
You are missing out my friend!
I purchased two homes this year in Laguna and flipped them for a profit!
In Laguna 85 homes (SFR/Detached) have sold this year! I did my homework!
With people like you predicting the downfall, I will continue to buy low and sell high!
Keep up the good work!

Seem to me you hate Laguna Beach and your neighbors.

Not really Mr Blue. Do you enjoy writing it?